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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SNY
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Sanofi stock price ended at $49.01 on Friday, after losing 0.91%.
(Updated on May 03, 2024)

Buy candidate since Apr 30, 2024 Loss -0.45% PDF

The Sanofi stock price fell by -0.91% on the last day (Friday, 3rd May 2024) from $49.46 to $49.01. During the last trading day the stock fluctuated 1.26% from a day low at $48.98 to a day high of $49.60. The price has been going up and down for this period, and there has been a 5.85% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 1 million shares were bought and sold for approximately $54.46 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.24% during the next 3 months and, with a 90% probability hold a price between $46.61 and $51.35 at the end of this 3-month period.

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SNY Signals & Forecast

The Sanofi stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $49.33. On a fall, the stock will find some support from the long-term average at approximately $47.85. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 01, 2024, and so far it has fallen -2.04%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Sanofi stock

Sanofi finds support from accumulated volume at $47.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.615 between high and low, or 1.26%. For the last week, the stock has had daily average volatility of 1.84%.

Our recommended stop-loss: $46.83 (-4.45%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (SNY) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Sanofi to open at $49.20, and during the day (based on 14 day Average True Range), to move between $47.95 and $50.07, which gives a possible trading interval of +/-$1.06 (+/-2.16%) up or down from last closing price. If Sanofi takes out the full calculated possible swing range there will be an estimated 4.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $49.13 (0.24%) than the support at $47.15 (3.80%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Sanofi stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sanofi stock to perform well in the short-term.

Current score: 3.002 Buy Candidate Unchanged

Predicted Opening Price for Sanofi of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$49.20 ( 0.377%) $49.01

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SNY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.81 1.63 %
R2 49.58 1.15 %
R1 49.43 0.86 %
Current price: 49.01
Support S1 48.96 -0.102 %
S2 48.81 -0.398 %
S3 48.58 -0.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 49.46 0.92 %
R2 49.36 0.714 %
R1 49.13 0.245 %
Current price 49.01
Support S1 47.15 -3.80%
S2 45.80 -6.55%
S3 45.39 -7.39%

SNY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 26, 2024 May 09, 2024 Jun 06, 2024 $1.90 3.88%
2 Aug 06, 2023 May 30, 2023 Jun 23, 2023 $1.90 3.57%
3 Feb 15, 2023 May 25, 2023 Jun 23, 2023 $1.38 2.59%
4 May 26, 2022 May 26, 2022 May 26, 2022 $0.297 0.535%
5 Apr 22, 2022 May 04, 2022 Jun 08, 2022 $1.75 3.30%

FAQ

What is the symbol for Sanofi Stock and on which exchange is it traded?
The symbol for Sanofi is SNY and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Sanofi Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sanofi stock to perform well in the short-term.

How to buy Sanofi Stock?
Sanofi Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sanofi Stock.

What's the current price of Sanofi Stock?
As of the end of day on the May 03, 2024, the price of an Sanofi (SNY) share was $49.01.

What is the 52-week high and low for Sanofi Stock?
The 52-week high for Sanofi Stock is $394.70 and the 52-week low is $202.80.

What is the market capitalization of Sanofi Stock?
As of the May 03, 2024, the market capitalization of Sanofi is 113.953B.

When is the next earnings date for Sanofi?
The upcoming earnings date for Sanofi is Jul 26, 2024.
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About Sanofi

Sanofi Sanofi, together with its subsidiaries, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. It operates through three segments: Pharmaceuticals, Vaccines, and Consumer Healthcare. The company provides specialty care products, including human monoclonal antibodies; products for multiple sclerosis, neurology, other inflammatory diseases, immunology, rare diseas... SNY Profile

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